Alphabet achieved a historic quarterly profit exceeding one hundred billion dollars. This record profit was significantly boosted by investment gains from Anthropic and SpaceX.
Google Cloud revenue also saw a substantial increase, contributing to overall growth. Despite these strong results, Alphabet's stock experienced a slight decline in trading.
Investors remain watchful of rising expenses and competition in the AI sector.
This story was reported by The Times of India. Read the full coverage at The Times of India.
